To be honest guys. All i see is this currency been manipulated over and over. every time we go up, there is some selling around 2000 or some even around 10000. It is like sharks eating on all the little fish. and the only way these fishes can survive is by staying in the bottom. Basically start from 220 or something. after 250 it become speculative. bitcoin is worth 400 or even more if there are is margin trading. but with margin trading it is not worth more than 300-320. The second I read the news wallstreet is becoming part of this I knew were fucked,
ditz
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Think your right but I'm watching this one from the sidelines till it shows its hand. Just when I think I have it figured it does the opposite. Confusing market signals, sentiment is bullish, order book less so, and long term trend still bearish. And as you say volume is too low, but for wild swings.
MoonTrader
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Yep. The problem is that the volume isn't there. Every time we run up to test this thing again, there are less people willing to buy.
altcoinbonanza
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that is probably why. so a few sellers could spark an avalanche. we will see the outcome. holding my stance here.